Arvind Mills launches Megamart Outlet Centre at Chennai
23 January 2008
Mumbai: Arvind Mills has announced the launch of their first Megamart Outlet Centre at Valasarvakkam, Chennai.
According to Sanjay Lalbhai, managing director of Arvind Mills, ''The Chennai store will be the largest value mall in the city. Keeping in mind Chennai's value conscious and discerning consumer we are very happy to dedicate our first outlet centre store to the people of Chennai. We already have 12 stores in Tamil Nadu, of which seven of our Megamart stores are in Chennai. Totally, we have 75 stores across the country, all of which are doing well. This has given us the confidence to open our first Outlet Centre here in Valasarvakkam.''
Arvind Mills is India's largest integrated textile company and operates across the entire value chain from design to fabric to brands. Arvind was the first company in India to bring international brands when they brought Arrow to India. Arvind now has licensing relationships with many international brands like Arrow, GANT US Polo & Cherokee. JV's with VF Corporation with brand portfolio of Lee, Wrangler, Nautica, Jansport, Kipling, Hero by Wrangler & Lee Riders, Tommy Hilfiger and most recently a JV with Diesel.
In addition Arvind also owns a number of successful Indian brands: Flying Machine, Newport and Excalibur among others. Arvind also own & operates India's largest 75 outlet strong value retail chain under the name 'Megamart'.
He further added, ''Megamart Outlet Centre will offer fantastic value across a range of categories across the year. And that too with international standard shopping experience and service. The store has been designed by JHP, an award winning design consultancy firm from London.''
''Over the last few weeks we have been discussion with several of the top brands in the country and I am happy to announce that over 130 brands have partnered with us. This is a great start for us''.